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    OFF-MARKET
    Specialty properties

    870 5Th Ave, New York, NY 10065

    1,800 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,800 square foot medical office co-op at 870 5th Avenue, New York, NY 10065, is available for $2,000,000. Located on the Upper East Side between E 68th & E 69th Streets, this vacant space boasts five Central Park-facing windows and is conveniently situated near the 68th St - Hunter College train station (4 & 6 trains) and multiple bus lines. Currently configured as a doctor's office, the space includes a spacious waiting room, a primary meeting room with stunning city views, a reception area (accommodating up to four receptionists), a lab, multiple patient rooms, and a storage room with a separate entrance (easily convertible to an office or additional patient room). This property, rarely available, offers significant potential for customization, ideal for a variety of commercial uses including medical facilities, offices, or even a fitness center. Seller financing is available. The asking price is $1,111.11 per square foot.

    Property profile
    Verified
    Property type Specialty properties
    Total area 1,800 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ARCH by Dr. Krista Archer Physician
    • Fulbrook Capital Management, LLC Financial Advisor
    • Parcells Plastic Surgery Physician Medical Clinic
    • Mary Ann Restivo Ltd Clothing Store
    • Dina N Anderson PC Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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